Question $27(1$ point$)$

You want to buy $$16000$ worth of shares in Cambridge industries Inc. on margin, but

you only have $$5000$ of your own money to invest. You will borrow the remainder by

short$-$selling the risk free asset. What is the portfolio weight for the risk free asset?

Express your answer in decimal form $($not percentage$)$ and round your answer to two

decimal places.

Your Answer:

Answer